Category: World
World Falling Behind in Achieving Zero Hunger Goal by 2030, Warns UN Coordinator
By: Hertha Ekandjo THE United Nations resident coordinator for Namibia, Hopolang Phororo, has expressed serious concerns that the world is lagging behind in achieving the Sustainable Development Goals (SDGs). The word has seven years left before the 2030 deadline.Of particular…
Economists Predict Israel-Palestine Conflict Impacts on Namibian Fuel Prices
By: Justicia Shipena THE ongoing conflict between Israel and Palestine has been a long-standing concern in international relations and geopolitics. Beyond the immediate and far-reaching humanitarian implications, this conflict can also have repercussions in the global energy markets, potentially affecting…
Menzies to continue operations at HKIA until 4 July
By: Staff writer UK company Menzies Aviation will now continue with ground handling operations at the Hosea Kutako International Airport (HKIA) until at least 4 July, the Namibia Airports Company has announced. Menzies and the preferred bidder have been locked…
O&L Gets Permit To Construct N$350 Million Solar Park In Germany
By: Staff writer O&L Nexentury GmbH, a subsidiary of the Ohlthaver & List Group, has been granted the advanced water management permit (“gehobene wasserrechtliche Erlaubnis” in German) for the construction and operation of a floating solar photovoltaic park. The…
Economy Can’t Absorb Returning Asylum Seekers – Expert
By: Fransina Nghidengwa The Namibian economy will be hard pressed to absorb the over 1,000 Namibian asylum seekers in the United Kingdom that will soon be deported back into the country. These were the views of International Relations analyst Marius…
Argentina Removes Namibia, Others Jurisdictions From “Non-Cooperative” List
By:Staff writer Argentina’s tax administration has announced the removal of Namibia and 14 other jurisdictions from the government’s list of low- or no-tax jurisdictions for the purposes of tax implications, pursuant to Decree 48/2023, which modifies the list provided by…
Sintana Energy Announces Extension To PEL 87, Offshore Namibia
By:Staff writer In its year-end review and 2023 outlook, Canadian oil and gas exploration company, Sintana Energy, said the Namibian government has approved extension to its Petroleum Exploration License 87 (PEL 87). “2022 was a seminal year in Sintana’s history…
HDF Energy and European Investment Bank partner on Namibia’s first green hydrogen plant
Staff Writer Hydrogène de France SA (“HDF Energy”) group – Euronext Paris: HDF, global pioneer in hydrogen power plants and high-power fuel cell manufacturer, has reached a further step in the development of the Renewable green hydrogen power plant in…
Europe Must Address Toxic Mix of High Inflation and Waning Growth
By:Nghiinomenwa-vali Erastus The International Monetary Fund’s(IMF) European Department recently cautioned European economies on the toxic mix of slow growth and high inflation which has been causing headache to European policymakers who face severe trade-offs and tough policy choices as they…
FINTECH INNOVATION FRAMEWORK AVAILED, BUT EXCLUDE CRYPTO
Nghiinomenwa Erastus Innovators in the financial space can develop unique economic and technology-led solutions, but they have to be tested by the central BankBank first. Reveal the Financial Technology (Fintech) Innovations Regulatory Framework, signed into effect on 14 October 2021….